Recent trends indicate that cryptocurrency investment funds experienced outflows totaling $173 million last week as Bitcoin and Ether prices faced declines. Despite this, XRP and Solana have defied the negative market sentiment by attracting substantial investments.

Crypto exchange-traded products (ETPs) recorded these outflows, maintaining a consecutive streak for four weeks in the negative direction. The findings, reported by CoinShares, highlighted that the total amount removed in the last month has reached approximately $3.8 billion. Presently, the total assets under management are around $133 billion, marking the lowest levels since April 2025.

James Butterfill from CoinShares pointed out that the continuing negativity in market conditions and weakening prices have contributed to these outflows. Bitcoin, which started the previous week at $70,000, saw lows around $65,000 as per Coinbase data.

Bitcoin Drives Outflows, While XRP and Solana Shine

Last week’s outflows were particularly driven by Bitcoin ETPs, which accounted for $133.3 million, leading to asset management reductions down to $106 billion.

U.S. Bitcoin spot exchange-traded funds (ETFs) faced even heavier outflows nearing $360 million last week, according to SoSoValue.

Ether funds also followed Bitcoin’s trend with $85 million in outflows, although U.S. spot Ether ETFs recorded modest gains of $10 million.

Conversely, XRP and Solana have emerged as standout performers, gathering $33.4 million and $31 million respectively in inflows.

Significant Outflows in U.S. Crypto Products

Butterfill noted a stark contrast in sentiment between U.S. and international markets, with U.S. crypto products losing $403 million against inflows of $230 million in other regions, particularly Germany, Canada, and Switzerland.

The outflow wave aligns with analyses by Standard Chartered, which downgraded their projected Bitcoin price target for 2026 from $150,000 to $100,000, with expectations of a temporary drop to $50,000 before recovery.